TIDMGEM

RNS Number : 5029N

Gemfields Group Limited

25 September 2023

Incorporated in Guernsey. Guernsey registration Number: 47656.

South African external company registration number 2009/012636/10

Share code on JSE:GML / AIM:GEM

       ISIN: GG00BG0KTL52   |   LEI: 21380017GAVXTCYS5R31 

("Gemfields" or the "Company")

Transaction in Own Shares and Total Voting Rights

LONDON, 25 SEPTEMBER 2023

Gemfields announces that on 22 September 2023, the Company purchased 2,937,124 of its own ordinary shares of USD0.00001 each in the Company ("Ordinary Shares") at an aggregate price of ZAR3.2466. These Ordinary Shares will be held as treasury shares before being periodically cancelled. Any cancellations will be announced separately.

 
 Date of purchase:                       22 September 2023 
--------------------------------------  ------------------ 
 Number of ordinary shares purchased:    2,937,124 
 Highest price paid per share:           ZAR3.26 
 Lowest price paid per share:            ZAR3.22 
 Volume weighted average price           ZAR3.2466 
  paid per share: 
 

A list of all trades completed can be found at the bottom of this announcement.

Following this purchase, the total number of Ordinary Shares held in treasury by the Company is 2,937,124. The total number of Ordinary Shares in issue is 1,221,918,104, including treasury shares.

Therefore, the number of Ordinary Shares that carry the right to one vote is 1,218,980,980. This is the total voting rights figure which may be used by shareholders as the denominator for the calculations by which they can determine whether they are required to notify their interests in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

 
 Transaction date and                  Number of    Transaction   Trading 
  time                        shares repurchased    price (ZAR)     venue 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 09:01 
  SA time                                 19,999           3.26       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 09:01 
  SA time                                 10,000           3.26       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 09:01 
  SA time                                 20,000           3.26       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 09:04 
  SA time                                  9,047           3.26       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 09:04 
  SA time                                 40,954           3.26       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 09:04 
  SA time                                 28,000           3.26       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 09:04 
  SA time                                 72,000           3.26       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 09:04 
  SA time                                 23,414           3.26       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 09:04 
  SA time                                 26,651           3.26       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 09:07 
  SA time                                 10,000           3.26       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 09:07 
  SA time                                 90,000           3.26       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 09:12 
  SA time                                  9,697           3.26       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 09:12 
  SA time                                    303           3.26       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 09:12 
  SA time                                  9,854           3.26       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 09:12 
  SA time                                 78,646           3.26       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 09:13 
  SA time                                  9,342           3.26       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 09:13 
  SA time                                 90,658           3.26       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 09:13 
  SA time                                  9,721           3.26       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 09:13 
  SA time                                 25,279           3.26       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 09:16 
  SA time                                  8,830           3.26       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 09:16 
  SA time                                 41,170           3.26       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 09:34 
  SA time                                  9,088           3.26       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 09:34 
  SA time                                 12,884           3.26       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 09:44 
  SA time                                  9,201           3.26       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 09:44 
  SA time                                 15,799           3.26       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 09:46 
  SA time                                  8,638           3.26       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 09:46 
  SA time                                 91,362           3.26       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 09:46 
  SA time                                  9,100           3.26       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 09:46 
  SA time                                 15,900           3.26       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 09:52 
  SA time                                  8,208           3.26       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 09:52 
  SA time                                 16,392           3.26       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 09:55 
  SA time                                  9,563           3.26       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 09:55 
  SA time                                  9,159           3.26       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 09:56 
  SA time                                  9,831           3.26       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 10:04 
  SA time                                  8,986           3.26       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 10:04 
  SA time                                 41,014           3.26       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 10:04 
  SA time                                  9,310           3.26       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 10:06 
  SA time                                  8,446           3.26       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 10:06 
  SA time                                 16,554           3.26       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 10:08 
  SA time                                  9,765           3.26       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 10:08 
  SA time                                  9,226           3.26       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 10:09 
  SA time                                  8,446           3.26       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 10:24 
  SA time                                  1,100           3.26       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 10:24 
  SA time                                 48,900           3.26       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 10:24 
  SA time                                  8,715           3.26       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 10:36 
  SA time                                  8,836           3.26       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 10:36 
  SA time                                  7,456           3.26       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 11:00 
  SA time                                  8,642           3.26       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 11:00 
  SA time                                  8,215           3.26       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 11:16 
  SA time                                  8,337           3.26       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 11:16 
  SA time                                  4,780           3.26       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 11:18 
  SA time                                  8,063           3.26       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 11:18 
  SA time                                 16,937           3.26       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 14:07 
  SA time                                  9,787           3.26       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 14:07 
  SA time                                 89,795           3.26       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 15:16 
  SA time                                 25,000           3.25       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 15:16 
  SA time                                  3,300           3.25       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 15:16 
  SA time                                  8,390           3.25       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 15:16 
  SA time                                  1,261           3.25       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 15:18 
  SA time                                  9,826           3.25       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 15:18 
  SA time                                156,592           3.25       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 15:18 
  SA time                                 20,618           3.25       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 15:18 
  SA time                                 26,832           3.25       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 15:18 
  SA time                                  3,300           3.25       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 15:19 
  SA time                                 20,180           3.25       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 15:19 
  SA time                                379,820           3.25       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 15:19 
  SA time                                 23,432           3.25       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 15:19 
  SA time                                321,449           3.25       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 15:45 
  SA time                                 10,000           3.22       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 15:45 
  SA time                                  3,300           3.22       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 15:45 
  SA time                                  2,325           3.22       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 15:55 
  SA time                                  3,029           3.22       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 15:55 
  SA time                                 46,971           3.22       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 15:55 
  SA time                                  3,300           3.22       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 15:55 
  SA time                                  3,300           3.22       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 15:57 
  SA time                                  3,018           3.22       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 15:57 
  SA time                                 46,982           3.22       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 15:57 
  SA time                                  3,300           3.22       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 15:57 
  SA time                                  3,300           3.22       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 15:58 
  SA time                                  2,622           3.22       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 15:58 
  SA time                                 13,350           3.22       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 15:58 
  SA time                                  8,358           3.22       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 15:58 
  SA time                                  2,439           3.22       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 15:58 
  SA time                                  3,300           3.22       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 16:00 
  SA time                                  5,311           3.22       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 16:00 
  SA time                                 44,689           3.22       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 16:00 
  SA time                                  3,300           3.22       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 16:02 
  SA time                                  3,300           3.22       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 16:03 
  SA time                                  2,923           3.22       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 16:03 
  SA time                                 22,077           3.22       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 16:04 
  SA time                                  3,300           3.22       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 16:28 
  SA time                                  6,187           3.22       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 16:28 
  SA time                                215,463           3.22       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 16:28 
  SA time                                  3,300           3.22       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 16:28 
  SA time                                  3,300           3.22       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 16:28 
  SA time                                  1,731           3.22       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 16:28 
  SA time                                  3,300           3.22       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 16:28 
  SA time                                  3,300           3.22       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 16:30 
  SA time                                  2,750           3.22       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 16:30 
  SA time                                    550           3.22       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 16:32 
  SA time                                  3,300           3.22       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 16:40 
  SA time                                  4,377           3.22       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 16:40 
  SA time                                217,273           3.22       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 16:40 
  SA time                                  3,300           3.22       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 16:40 
  SA time                                  3,300           3.22       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 16:40 
  SA time                                  2,880           3.22       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 16:40 
  SA time                                  3,300           3.22       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 16:40 
  SA time                                  3,300           3.22       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 16:41 
  SA time                                  2,491           3.22       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 16:41 
  SA time                                    809           3.22       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 16:43 
  SA time                                  3,300           3.22       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 16:44 
  SA time                                    805           3.22       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 17:00 
  SA time                                  3,323           3.22       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 17:00 
  SA time                                  1,690           3.22       JSE 
--------------------------  --------------------  -------------  -------- 
 22 September 2023, 17:00 
  SA time                                      1           3.22       JSE 
--------------------------  --------------------  -------------  -------- 
 

-ENDS-

Further information on Gemfields Group Limited can be found at:

GEMFIELDSGROUP.COM

To join our investor mailing list, contact us on:

ir@gemfields.com

For any press enquiries please contact us on:

gemfields@camarco.co.uk

ENQUIRIES

 
 GEMFIELDS               Sean Gilbertson / David Lovett / Ian 
                          Hughes 
                          ir@gemfields.com 
                          T: +44(0) 20 7518 3400 
 SPONSOR (JSE)           Investec Bank Limited 
                        ------------------------------------- 
 NOMINATED ADVISER       Cavendish Capital Markets Limited 
  (AIM) & JOINT BROKER    Neil McDonald / Edward Whiley / Tim 
                          Redfern 
                          T: +44(0) 20 7220 0500 
                        ------------------------------------- 
 JOINT BROKER            Liberum 
                          Scott Mathieson / Kane Collings 
                          T: +44(0) 20 3100 2222 
                        ------------------------------------- 
 FINANCIAL PR/ IR        Camarco 
                          Gordon Poole / Emily Hall 
                          T: +44(0) 20 3757 4980 
                        ------------------------------------- 
 

ADDITIONAL INFORMATION ON GEMFIELDS

Gemfields is a world-leading responsible miner and marketer of coloured gemstones. Gemfields is the operator and 75% owner of both the Kagem emerald mine in Zambia (believed to be the world's single largest producing emerald mine) and the Montepuez ruby mine in Mozambique (one of the most significant recently discovered ruby deposits in the world). In addition, Gemfields also holds controlling interests in various other gemstone mining and prospecting licences in Zambia, Mozambique, Ethiopia and Madagascar.

Gemfields' outright ownership of Fabergé - an iconic and prestigious brand of exceptional heritage - enables Gemfields to optimise positioning, perception and consumer awareness of coloured gemstones through Fabergé designs, advancing the wider group's "mine and market" vision.

Gemfields has developed a proprietary grading system and a pioneering auction platform to provide a consistent supply of coloured gemstones to downstream markets, a key component of Gemfields' business model that has played an important role in the growth of the global coloured gemstone sector.

GEMFIELDS

GEMFIELDS.COM | INVESTORS | FOUNDATION

INSTAGRAM | FACEBOOK | TWITTER | YOUTUBE

FABERGÉ

FABERGÉ.COM | INSTAGRAM | FACEBOOK | TWITTER | YOUTUBE

KAGEM MINING LINKEDIN

MONTEPUEZ RUBY MINING LINKEDIN

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END

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September 25, 2023 02:00 ET (06:00 GMT)

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